##
##
|Contents||||Page|
|---|---|---|---|---|
|-rustees-Rw|||||
|Independent|Examiner's||Report||
|Statement ofFinancial|||Activities||
|Balance Sheet|||||
|Notes to the|Financial|Statements||10-15|
##
##
|Le al and|administrative|administrative|information|information|||
|---|---|---|---|---|---|---|
|Principal|Address:|||Great Eccleston|Free Methodist
Church||
|||||Hall Lane|||
|||||Great Eccleston|||
|||||Preston|||
|||||PR3 OXN|||
|Governing|Document:|||Trust Deed sealed on 21 April||1983as amended
by scheme dated|
|||||9March 2000,this makes all members ofthe OFicial Board (now|||
|||||known as the Church Leadership
Team) ofGreat Eccleston Free|||
|||||Methodist
Church Trustees.|||
|Objects ofthe Charity:||||The furtherance|ofthe religious|and other charitable work ofthe Free|
|||||Methodist
Church ofNorth America (United Kingdom District).|||
|Specific Investment||Powers:||The Church has|asingle, General Fund, deposit account with Virgin Money.||
|||||During the year|2021 two bank|accounts were held by the Church:|
|||||General fund current account-||Santander UK pic.|
|||||General fund deposit account- Virgin Money|||
|Bankers:||||Santander UK pic|||
|||||Customer Service Centre|||
|||||Bootle|||
|||||Merseyside|||
|||||L304GB|||
|||||Virgin Money|||
|||||Savings Operations|||
|||||Jubilee House|||
|||||Gosfoith|||
|||||Newcastle
upon|Tyne||
|||||NE3 4PL|||
|Independent|Examiner:|||CWR Chartered|Accountants,||
|||||20Mannin Way|||
|||||Lancaster Business Park|||
|||||Caton Road|||
|||||Lancaster|||
|||||LA1 3SW|||
##
##
##
|{Alltrustees, with t
of2021).|he exception|ofRev SDunn, Mr D Gibbons and Mrs D Montgomery
acted for the whol|
|---|---|---|
|Rev. Stephen Dunn
Mr. David A Gibbons||(Chairman)
(Appointed 1"June 2021)
(Church Delegate and Vice Chairman
until resigned 8~ September 2021)|
|Mr. Brian Gibbons|||
|Miss Alison Groves||(Secretary)|
|Mrs Muriel Horrocks|||
|Mrs Christine EKelsall
Mr. Edward TMontgomery
Mr. Robert Tomkins||(Treasurer)
(Senior Steward. Local Ministerial
Candidate
until resigned 31't December 2021)
(Church Delegate and Vice Chairman
Rom 8~ September 2021)|
|Mrs Donna Montgomery||(Appointed
8~September 2021)|
|Trustee selection method:||Trustees are nominated
by Members ofthe Society ofthe Great|
|||Eccleston Free Methodist
Church.
Those nominated
are then|
|||confirmed or selected by secret ballot ofSociety Members at an|
|||Annual
Society Meeting (ASM).|
|Charity's
Custodian|Trustees:|Assets are held by the Trustees ofthe Church {the Trustees listed|
|||above.)|
##
##
##
##
##
##
##
##
##
##
##
##
|YEAR END 31STDECEMBE|R 2021||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds|For the Year|For the Year|
||||||Ended 31|Ended 31|
|||General|Designated||December|December|
||Note||||2021|2020|
|Incoming Resources|||||||
|Generated
Funds|||||||
|Voluntary
Income:|||||||
|Tithes &Offerings (including|Gift Aid)|24,099|||24,099|19,654|
|Income Tax Recoverable (Gift|Aid)|2,882|||2,882|2@97|
|Donations||290|100||390|30|
|Legacies|||||||
|Gifts for Specific Purposes||||652|652|1,658|
|Gain on disposal ofFurniture||91|||91||
|Investment
Income:|||||||
|Bank Interest||94|||94|268|
|Grazing Rent - Lodge Farm|||6,761||6,761|6,701|
|Rent - Rehoboth||8,400|||8,400|8,400|
|Rent - Great Eccleston Lodge||8,991|||8,991|7,450|
|Charitable
Activities|||||||
|Football Team Income||||||725|
|Total Incoming Resources||44,847|6,861|652|52860|47,283|
|Resources Expended|||||||
|Charitable
Expenditure|||||||
|Charitable
Activities|2|54,028||2)247|56@75|42,139|
|Governance
Costs|12|1,776|||1,776|1,758|
|Other|3|1,998|275||2,273|818|
|Total Resources Expended||57,802|275|2,247|601324|44,715|
|Transfer Between Funds||6,334|(6,334)||||
|Net Movements
in Funds||(6,621)|252|(1,595)|(7,964)|2,568|
|Reconciliation
ofFunds|||||||
|Balances Brought Forward 1st|January 2021|983,500|6,334|2,197|9927031|989&463|
|Balances Carried Fonvard 31stDecember 2021||976,879|6,586|602|984,067|992,031|
##
##
||||Note|2021|2020|
|---|---|---|---|---|---|
|Fixed Assets||||||
|Land and Buildings||||8909880|890,880|
|Fixtures, Fittings &|Equipment|||2&641|2,460|
|Motor Vehicles||||29870|3,827|
|||||896,391|897,167|
|Current Assets||||||
|Debtors and Prepayments||||9,394|9,604|
|Cash atBank||||82,306|89,441|
|Cash in Hand|||||711|
|||||91,700|99,756|
|Creditors: Amounts|falling due within|one year||(4,024)|(4,892)|
|Net Current Assets||||87,676|94,864|
|ilet Assets||||984,067|992,031|
|Funds||||||
|Unrestricted
Funds:||||||
|General Fund||||80,488|S6,333|
|Fixed Asset Fund||||896@91|897,167|
|Designated
Fund|||15|6,586|6,334|
|Restricted Funds||||602|2,197|
|Total Funds||||984,067|992,031|
##
##
|ACCOUNTING
POLICIES||||||||
|---|---|---|---|---|---|---|---|
|Accounting
basis||||||||
|The financial
statements
have been
re ared in accordance with the Statement ofRecommended
Practice: Accounting|||||and|||
|Reporting
by Charities
preparing
their accounts in accordance with the Financial|Reporting
Standard applicable|||in the||an||
|Republic ofIreland (FRS102)issued on 16 July 2014and the Financial Reporting||Standard applicable|in the United Kingdom|||||
|and Republic ofIreland (FRS 102)and the Charities Act 2011and UK Generally||Accepted Practice as|it applies from||I January|||
|2015.||||||||
|The financial
statements
have been prepared on agoing concern basis under the|historical cost convention.|||||||
|The significant
accounting policies applied
in the preparation ofthese financial|statements
are set out below.|||||||
|Going Concern||||||||
|The Trustees assess vvhether the use ofgoing concern is appropriate
i.e.whether|there are any material||uncertainties
related to|||||
|events or conditions
that may cast significant
doubt on the ability ofthe charity|to|continue as a going concern. The Trustees make||||||
|this assessment
in respect ofaperiod ofone year from the date ofapproval ofthe||financial statements.||||||
|Funds||||||||
|The accounts include all transactions,
assets and liabilities for which the Trustees||&Church Leadership|Team are responsible||||in|
|law.||||||||
|Unrestricted
funds are those available to the Trustees and Church Leadership
Team for general use without restriction,|||||in|||
|furtherance ofthe charity's objectives.||||||||
|Designated
Funds (unrestricted)
are those, where donors have expressed apreference,
without
imposing|||atrust,|or unrestricted||||
|funds set aside at the discretion ofthe trustees for specific, details ofwhich are|given in note 15.|||||||
|Restricted Funds are to be used for specific purposes
as laid down by the donor.|Expenditure
which meets these|||criteria is||charged||
|to the fund. Restricted funds are detailed
in note 8.||||||||
|No accounts ofinformal
gatherings ofchurch members
are included,
as these are||not under the direct control ofthe Church||||||
|Leadership
Team.||||||||
|Incoming Resources||||||||
|Tithes and Offerings are recognised
when received by or on behalf ofthe Church.||Income under gift aid is recognised|||only when|||
|received, and income tax recoverable
is calculated on income actually received.||||||||
|Gifts in Kind||||||||
##
##
##
##
##
##
##
##
|2.Charitable
Activities|2.Charitable
Activities||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|For the year|For the year|
||||||ended 31|ended 31|
|||General|Designated||December|December|
||||||2021|2020|
|Pastor Stipend||15,758|||15,758||
|Church Worker||16,252|||16@52|19,879|
|Manse running
costs||625|||625|1,128|
|Church running
costs||9,849||783|10,632|6,716|
|Minibus expenses||734|||734|976|
|Visiting preachers
expenses||190|||190|45|
|Outreach
and Evangelism||974||1,150|2,124|740|
|Giving and donations||3,674|||3,674|5,926|
|Childrens
and youth work||1,406||314|1,720|925|
|Depreciation offixed
Conference
levy|assets|1,837
1,840|||1,837
1,840|2,094
2Pll|
|Printing
and stationery||330|||330|221|
|Legal fees||||||1,178|
|Travel expenses and accomodation||559|||559||
|||54,028||2,247|56,275|42,139|
|3.Other Charitable|Expenditure||||||
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|For the year|For the year|
||||||ended 31|ended 31|
|||General|Designated||December|December|
||||||2021|2020|
|Lodge Farm Expenses|||275||275|367|
|Rehoboth Expenses||1,998|||1,998|451|
|||1,998|275||2,273|818|
|4.Freehold Land and Buildings|||||||
||||||2021|2020|
|Hall Lane, Great Eccleston (At Insurance||Cover Valuation 01/01/1997)|||206,000|206,000|
|Land and Buildin
s|||||||
|Lodge Farm, Hall Lane, Great Eccleston||(At Probate Value 15/09/2005)|||500,000|500,000|
|Alterations
at Cost|||||201)880|201,880|
|Disposal ofGarage|||||(17,000)|(17,000)|
||||||890,880|890,880|
##
##
##
|5.Other Tangible Assets||||
|---|---|---|---|
||Fixtures,
Fittings and|Motor
Vehicles|Total
f|
||Equipment|'f||
|Cost||||
|At 1stJanuary 2021|15,148|7,594|22,742|
|Additions|1,061||1,061|
|At 31stDecember 2021|16,209|7,594|23,$03|
|Depreciation||||
|At 1stJanuary 2021|12,688|3,767|16,455|
|Charge in period|880|957|1,837|
|At 31stDecember 2021|13,568|4,724|18,292|
|Net BookValues||||
|At 1stJanuary 2021|2,460|3,$27|6,287|
|At 31stDecember 2021|2,641|2,870|5,511|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Tax Refund on Gift Aid||||||6,791|7,185|
|P repayments||||||2,539|2,395|
|Other Debtors||||||64|24|
|||||||9s394|9,604|
|Z.Creditors: Amounts|falling due within|one year||||||
|||||||2021|2020|
|Accruals||||||2@61|3,994|
|Other Creditors||||||1,663|898|
|||||||4,024|4)892|
|8.Restricted Funds Movements|||1January||||31December|
||||2021|Income|Expenditure|Transfers|2021|
|Football Team|||1,390||(1,150)||240|
|Gift for Service Recording Ministry|||362||||362|
|Gift for Specific Purposes|||445|652|1,09|||
||||2,19Z|652|(2,247)||602|
##
##
##
|||||||Church||Total|
|---|---|---|---|---|---|---|---|---|
||||||Pastor|Worker|Cleaners|2021|
|ro s|ary||||,~%19~&17||||
|Employer's||National|Insurance||||||
|Pension|Contributions||||204|217||421|
|Refunded||Pension Contribution||Received||(155)||(155)|
||||||15,758|16,252|1,917|33+27|
##
##
|11.Analysis|ofNet Assets Between Funds||||
|---|---|---|---|---|
|||Tangible|Net Current|Total|
|||Fixed Assets|Assetsf|2021
f|
|Unrestricted|Funds|896,391|87,074|983,465|
|Restricted Funds|||602|602|
|||896,391|87,676|984,067|
##
##
##
##
##